It has been suggested The Bank of England should use its powers to freeze house prices for the next five years to reduce the chances of another financial crisis The Institute for Public Policy Research said that Britain needed to “reset” the way it thinks about rising prices to break the “cycle of ever-rising house..
New research suggests that many young people in Britain are pessimistic about their likelihood of ever Home ownership. According to a survey from the Building Societies Association (BSA), 70% of us say that the difficulties young people have getting onto the housing ladder is one of the biggest problems we have in Britain today. This is..
Due the the ever changing government guidelines on property purchase, it is a good idea to keep up to date with You usually pay Stamp Duty Land Tax (SDLT) on increasing portions of the property price above £125,000 when you buy residential property. Different properties have different rules which will be outlined here. Use our..
House price inflation could push 30% of first-tike buyer homes out of break leading mortgage brokers call on government to review relief band. Cities in the south of England will be the worst affected Experts are warning that house price inflation could wipe out the benefits of the stamp duty break for many first-time buyers within..
Millions of first time buyers could no longer qualify for stamp duty relief by 2028 due to rising prices putting them beyond the minimum rates, reports say. According to research from L&C, Around four million homes across England will fall outside the current cut off point that first time buyers start paying the property tax..
If you have kept up to date with the property news in recent years you will have noticed that the number of homeowners in England has been declining. The government even built new homes to encourage people onto the property ladder. At the end of April 2017, the number of homes in England rose by..